The Massachusetts Gas Storage Agreement and Lease (Surface and Underground) is a legal agreement that governs the rights and obligations of parties involved in the storage of natural gas in the state of Massachusetts. This agreement is specifically designed for both surface and underground storage facilities in the state. The Massachusetts Gas Storage Agreement and Lease is an essential document that outlines the terms and conditions for the use of storage facilities, including any surface land or underground reservoirs. It provides a comprehensive framework for the storage of natural gas, ensuring the rights, responsibilities, and liabilities of all parties involved are defined and protected. There are different types of Massachusetts Gas Storage Agreement and Lease (Surface and Underground) that cater to varying storage needs and circumstances. These may include: 1. Surface Storage Agreement: This type of agreement is used when the gas storage facility is located on the surface, typically involving land-based storage tanks or above-ground facilities. It outlines the terms related to land use, surface rights, environmental regulations, and other relevant considerations. 2. Underground Storage Agreement: This agreement is applicable when gas storage takes place in underground reservoirs, such as depleted oil and gas fields, aquifers, or salt caverns. It governs the specific requirements for underground storage, including operational procedures, safety protocols, and environmental compliance. 3. Combined Surface and Underground Storage Agreement: In cases where a gas storage facility involves both surface and underground components, a combined agreement is utilized to cover all aspects of the storage operation. This agreement ensures that the rights and responsibilities associated with both surface and underground storage are adequately addressed. The Massachusetts Gas Storage Agreement and Lease (Surface and Underground) typically covers a wide range of topics, including but not limited to: 1. Storage capacity and rights: Specifies the agreed-upon capacity available for gas storage and the rights granted to the lessee (storage operator) in utilizing the storage facility adequately. 2. Operational obligations: Outlines the responsibilities and obligations of both the lessor (storage facility owner) and the lessee in terms of monitoring, maintenance, and safety procedures. 3. Environmental considerations: Addresses the compliance requirements related to environmental laws and regulations in order to ensure the protection of the surrounding ecosystem during gas storage operations. 4. Payment terms: Establishes the terms and conditions for payment, including the rental fee, method of payment, and any additional charges associated with the storage facility. 5. Termination clauses: Specifies the conditions and procedures for contract termination, including both voluntary and involuntary termination events. Overall, the Massachusetts Gas Storage Agreement and Lease (Surface and Underground) serves as a crucial legal instrument that facilitates the efficient and safe storage of natural gas in the state. It provides a clear framework for the rights and responsibilities of all parties involved, ensuring compliance with regulatory requirements and protecting the interests of both the lessor and lessee. Whether it involves surface storage, underground storage, or a combination of both, this agreement plays a vital role in facilitating the uninterrupted supply and distribution of natural gas across Massachusetts.
Massachusetts Gas Storage Agreement and Lease (Surface and Underground)
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FAQ
Natural gas is stored in large volumes in underground facilities and in smaller volumes in tanks above or below ground.
There are three principal types ? depleted gas reservoirs, aquifer reservoirs and salt cavern reservoirs. Each of these types has distinct physical and economic characteristics which govern the suitability of a particular type of storage type for a given application.
It is most commonly held in inventory underground under pressure in three types of facilities. These underground facilities are depleted reservoirs in oil and/or natural gas fields, aquifers, and salt cavern formations. The Basics of Underground Natural Gas Storage - EIA eia.gov ? naturalgas ? storage ? basics eia.gov ? naturalgas ? storage ? basics
Salt caverns are ideal for gas storage because the salt is impermeable, so the gas cannot escape. This proven technology, which is widely used for propane, natural gas, compressed air and other products, uses brine injection and removal to control propane inflow and outflow from the sealed, pressurized cavern.
A surface use agreement, which is also sometimes referred to as a land use agreement, is an agreement between the landowner and an oil and gas company or an operator for the use of the landowner's land in the development of the oil and gas. Surface Use or Land Use Agreements - Primerus primerus.com ? article ? surface-use-or-land... primerus.com ? article ? surface-use-or-land...
Unlike underground facilities where the gas is injected in its current state, above ground storage facilities use a process called liquefaction to chill the gas until it changes to liquid.